The Latest Breaking News from Deborah Elms

Asia scrambles to respond to Trump's sweeping Section 301 trade probes, which could pave the way for new tariffs

China calls the two new probes a "typical protectionist act." Malaysia said its U.S. trade deal was now "null and void."

Fortune · Mar 16

US, China talk trade amid threats over Russian oil, TikTok ban

US and Chinese officials to meet for second day in Spain as Trump threatens to target China’s oil purchases.

Al Jazeera · Sep 15, 2025

Trump touts a Vietnam trade deal victory—but details on transshipment and import pledges remain unclear

Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%.

Fortune · Jul 3, 2025

As Mexico and Canada hit back, China pulls punches on Trump’s tariffs

Analysts say Beijing hopes to seize moral high ground with referral of tariffs to World Trade Organization.

Al Jazeera · Feb 3, 2025

Donald Trump is about to relaunch his trade war with China—and create even more corporate upheaval in the process

During his first term, Trump's tariffs caused U.S. firms to flee China. Now comes Round 2, which will create new winners and losers.

Fortune · Jan 21, 2025

Asia’s export-driven economies brace for upheaval under Trump

Former US president’s proposals for sweeping tariffs threaten to hobble exports that drive the region’s growth.

Al Jazeera · Nov 5, 2024

Washington attacks on Nippon’s bid for U.S. Steel puts ally Japan’s spot in ‘friends and family list’ into doubt

“If the U.S. draws up a friends and family list and Japan is not on that list, then I’d question [what country] would make that list.”

Fortune · Sep 5, 2024

Countries like Malaysia and Thailand are flocking to join BRICS as a potential ‘counterweight against U.S. economic hegemony’

Analysts say countries like Malaysia and Thailand may want to hedge in a more polarized world and get better access to China and India.

Fortune · Aug 21, 2024

China’s ‘new normal’ for Taiwan raises fears for global trade

Chinese state media says military exercises in crucial shipping route to become ‘regular’ event.

Al Jazeera · Aug 11, 2022

US promotes ‘friend-shoring’ of trade with eye on China, Russia

US treasury secretary highlights economic threat posed by ‘unreliable countries’ during visit to South Korea.

Al Jazeera · Jul 19, 2022